The Securities and Exchange Commission has filed a second round of charges against individuals involved in a boiler room scheme based in the South Florida and Los Angeles areas that promoted a company whose technology they claimed was headed to the Super Bowl.
In September 2013 the SEC charged Peter Kirschner and his business partner Stuart Rubens with defrauding seniors and other investors by pressuring them into buying stock in Thought Development Inc. (TDI), a company whose signature invention is a laser-line system that generates a green line on a football field as a first-down marker. This laser line is visible both on television and to those in the stadium.
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